DTN Closing Livestock Comment 02/09 15:46
9 Feb 2024
DTN Closing Livestock Comment 02/09 15:46 Cash Cattle Prices Jump $4.00 to $6.00 Higher It took until Friday's bitter end, but by the end of the day, cash cattle sales rolled in at $4.00 to $6.00 higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Seeing the cash cattle market jump $4.00 to $6.00 higher ahead of Friday's close is music to any cattleman's ears! Feedlot managers deserve a pat on the back for this week's trade as advancing the cash market -- $4.00 to $6.00 higher is no easy feat. Hog prices are unavailable on the Daily Direct Afternoon Hog Report due to packer submission issues. March corn is down 4 1/4 cents per bushel and March soybean meal is down $0.30. The Dow Jones Industrial Average is down 54.64 points.